PVH (NYSE:PVH) Raised to Buy at Wall Street Zen

Key Points

• PVH (NYSE:PVH) was upgraded from a "hold" to a "buy" rating by Wall Street Zen, reflecting positive sentiment from analysts on the company's market position.
• Despite this upgrade, Evercore ISI lowered its price target on PVH from $105 to $95, while other analysts are maintaining a consensus price target of around $95.27.
• PVH reported a significant earnings beat, posting $2.52 earnings per share for the quarter, exceeding expectations and indicating a revenue increase of 4.5% year-over-year.

PVH (NYSE:PVH - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a note issued to investors on Friday.

Other analysts have also recently issued research reports about the company. Evercore ISI reduced their price objective on PVH from $105.00 to $95.00 and set an "outperform" rating for the company in a research report on Thursday, June 5th. Wells Fargo & Company upped their price objective on PVH from $80.00 to $88.00 and gave the company an "equal weight" rating in a research report on Thursday, August 28th. Needham & Company LLC reiterated a "buy" rating and set a $115.00 price objective on shares of PVH in a research report on Thursday, June 5th. Telsey Advisory Group reissued an "outperform" rating and set a $90.00 price target on shares of PVH in a report on Wednesday, August 27th. Finally, The Goldman Sachs Group boosted their price target on PVH from $81.00 to $91.00 and gave the company a "buy" rating in a report on Thursday, August 28th. Nine analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $95.27.

PVH Stock Up 1.2%

Shares of PVH stock traded up $1.06 during mid-day trading on Friday, hitting $86.80. The company's stock had a trading volume of 756,258 shares, compared to its average volume of 1,154,324. PVH has a 52-week low of $59.28 and a 52-week high of $113.47. The business has a 50-day moving average price of $79.99 and a 200 day moving average price of $74.35. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.63 and a current ratio of 1.37. The stock has a market cap of $4.18 billion, a price-to-earnings ratio of 9.73, a PEG ratio of 2.70 and a beta of 1.84.

PVH (NYSE:PVH - Get Free Report) last posted its quarterly earnings results on Tuesday, August 26th. The textile maker reported $2.52 earnings per share for the quarter, topping the consensus estimate of $1.97 by $0.55. PVH had a return on equity of 11.90% and a net margin of 5.34%.The firm had revenue of $2.17 billion during the quarter, compared to analysts' expectations of $2.11 billion. During the same quarter in the previous year, the business earned $3.01 earnings per share. The company's revenue was up 4.5% on a year-over-year basis. PVH has set its Q3 2025 guidance at 2.350-2.50 EPS. FY 2025 guidance at 10.750-11.00 EPS. Research analysts predict that PVH will post 11.67 EPS for the current fiscal year.

Hedge Funds Weigh In On PVH

Hedge funds have recently made changes to their positions in the business. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in PVH during the second quarter valued at approximately $38,000. UMB Bank n.a. boosted its stake in PVH by 63.3% during the second quarter. UMB Bank n.a. now owns 619 shares of the textile maker's stock valued at $42,000 after buying an additional 240 shares during the last quarter. Hantz Financial Services Inc. boosted its stake in PVH by 1,284.4% during the second quarter. Hantz Financial Services Inc. now owns 623 shares of the textile maker's stock valued at $43,000 after buying an additional 578 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in PVH by 30.0% during the first quarter. Smartleaf Asset Management LLC now owns 802 shares of the textile maker's stock valued at $52,000 after buying an additional 185 shares during the last quarter. Finally, Allworth Financial LP boosted its stake in PVH by 78.2% during the first quarter. Allworth Financial LP now owns 930 shares of the textile maker's stock valued at $60,000 after buying an additional 408 shares during the last quarter. Institutional investors own 97.25% of the company's stock.

PVH Company Profile

PVH Corp. operates as an apparel company in the United States and internationally. The company operates through Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, and Heritage Brands Wholesale segments. It designs and markets men's, women's, and children's branded apparel, footwear and accessories, underwear, sleepwear, outerwear, home furnishings, luggage, dresses, suits and swimwear, activewear, sportswear, socks and accessories, outerwear, golf products, footwear, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, jeans wear, performance apparel, intimate apparel, dress shirts, handbags, fragrance, small leather goods, and other related products; and men's and boy's tailored clothing products, duvets, pillows, mattress pads and toppers, and feather beds.

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